News

City Property has completed a series of three complex funding arrangements totalling £646 million having been advised by the banking & finance team at law firm Harper Macleod. City Property is ultimately controlled by Glasgow City Council, which required the funding to meet its obligations

The number of Scottish people in work decreased by 43,000 to 2,543,000 in the three months to September, according to the latest figures from the Office for National Statistics (ONS). The data has revealed that the now stands at 74.4% and Scotland's unemployment total over the same period rose by 8,

Beer brand Innis & Gunn has launched a crowdfunding campaign to help finance the building of “the largest major brewery in Edinburgh for over 150 years”.

Edinburgh-based technology company PureLifi has successfully raised $18 million to enable it to launch its technology to mass-market mobile devices and lighting manufacturers. Funding was provided by the Scottish Investment Bank and Temasek, an investment company headquartered in Singapore.

Edinburgh-based CCTV specialist Indigovision has purchased Portuguese security software firm Agorasys SA for €2,300,000. Based in Lisbon, Portugal, Agora was a spin-out from Instituto Superior Tecnico, part of the University of Lisbon.

CALA Homes has launched the final phase of its upmarket Edinburgh development, The Crescent at Donaldson's, with prices starting at £595,000 for a one-bedroom apartment to £1,750,000 for a deluxe penthouse. Designed by acclaimed architect Richard Murphy OBE, The Crescent offers a range o

Lettings firm Even Property, which launched just two years ago in Glasgow, has bought Capital Letters in a £250,000 deal. The new deal has resulted in Even Property more than doubling the number of managed properties on its books to over 500 across its offices in Glasgow, Stirling and Aberdeen

Leith-based digital growth services start-up Stampede launched today with £1 million seed funding from investors including Techstart Ventures, Galvanise Capital and angel investor Judy Wilson, as well as the Scottish Government. Previously known as BLACKBX, Stampede provides offline

Metal detectorists have found £100,000 in gold whilst searching for a friend's wedding ring.

Accountants Chiene + Tait (C+T) have appointed Mairi MacIver as director of its accounts and business support (ABS) division. Based at the firm’s Edinburgh headquarters, Ms MacIver joins from Anderson Anderson & Brown LLP, where she spent the last 15 years developing extensive knowled

MHA Henderson Loggie has appointed Diana Penny as audit partner in its Edinburgh office. Ms Penny's focus is to drive further growth in the firm’s audit business, and she brings over 25 years’ experience to the role, the majority of it with Grant Thornton where latterly she was a directo

Scottish turnaround specialist BRS Consulting has launched a new credit management service to help SMEs cut numbers of overdue debtors, improve cash flow and reduce their risk of bad debts. BRS Credit Management is headed up by Paula Smith who joined BRS earlier this year after 14 years managing cre

Administrators Blair Nimmo and Alistair McAlinden from KPMG are continuing to clear remaining stock and exploring all options for Scottish retailer Watt Brothers. The fourth-generation family-owned business operated a chain of department stores throughout Scotland, before entering administration on

The Scottish Investment Trust PLC has been named ‘Best Investment Trust’ at the Shares Awards 2019 for the 2nd consecutive year. The awards, created to celebrate the best of the UK financial services industry, are determined by the votes cast by readers of Shares magazine.

Private sector business activity declined for the first time in five months in October, as service sector growth eased whilst the manufacturing downturn continued, according to the latest Royal Bank of Scotland PMI. The PMI revealed that weighing on operating conditions was the fastest fall in